American Century Companies Inc. boosted its position in MedEquities Realty Trust Inc (NYSE:MRT) by 22.3% in the 4th quarter, Holdings Channel reports. The firm owned 2,111,333 shares of the financial services provider’s stock after acquiring an additional 385,125 shares during the quarter. American Century Companies Inc. owned 0.07% of MedEquities Realty Trust worth $23,689,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MRT. Bank of New York Mellon Corp raised its stake in MedEquities Realty Trust by 51.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 107,443 shares of the financial services provider’s stock valued at $1,356,000 after purchasing an additional 36,394 shares during the last quarter. Wells Fargo & Company MN raised its stake in MedEquities Realty Trust by 2.0% in the 2nd quarter. Wells Fargo & Company MN now owns 24,666 shares of the financial services provider’s stock valued at $311,000 after purchasing an additional 482 shares during the last quarter. Alliancebernstein L.P. acquired a new position in MedEquities Realty Trust in the 2nd quarter valued at $175,000. Teachers Advisors LLC raised its stake in MedEquities Realty Trust by 77.6% in the 2nd quarter. Teachers Advisors LLC now owns 62,858 shares of the financial services provider’s stock valued at $793,000 after purchasing an additional 27,468 shares during the last quarter. Finally, TIAA CREF Investment Management LLC raised its stake in MedEquities Realty Trust by 99.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 124,320 shares of the financial services provider’s stock valued at $1,569,000 after purchasing an additional 62,133 shares during the last quarter. 86.86% of the stock is owned by hedge funds and other institutional investors.

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In related news, Director Randy L. Churchey bought 5,300 shares of the business’s stock in a transaction on Monday, November 20th. The stock was acquired at an average cost of $10.87 per share, with a total value of $57,611.00. Following the purchase, the director now directly owns 46,776 shares of the company’s stock, valued at $508,455.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO John W. Mcroberts bought 18,000 shares of the business’s stock in a transaction on Friday, November 17th. The stock was bought at an average cost of $10.74 per share, with a total value of $193,320.00. The disclosure for this purchase can be found here. Insiders acquired a total of 23,600 shares of company stock valued at $254,129 over the last ninety days. Corporate insiders own 2.50% of the company’s stock.

Several research analysts recently commented on the company. B. Riley reissued a “buy” rating on shares of MedEquities Realty Trust in a research note on Wednesday, November 1st. Capital One Financial assumed coverage on MedEquities Realty Trust in a research note on Monday, October 23rd. They issued an “equal weight” rating and a $13.00 price objective for the company. Zacks Investment Research downgraded MedEquities Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. KeyCorp set a $13.00 price objective on MedEquities Realty Trust and gave the company a “buy” rating in a research note on Sunday, October 29th. Finally, ValuEngine raised MedEquities Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. MedEquities Realty Trust presently has a consensus rating of “Buy” and an average price target of $13.00.

Shares of MedEquities Realty Trust Inc (NYSE:MRT) opened at $10.63 on Thursday. MedEquities Realty Trust Inc has a 52 week low of $10.06 and a 52 week high of $13.06. The stock has a market capitalization of $338.20, a price-to-earnings ratio of 26.58 and a beta of -0.73.

The business also recently announced a quarterly dividend, which will be paid on Monday, March 5th. Shareholders of record on Monday, February 19th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.90%. The ex-dividend date is Thursday, February 15th. MedEquities Realty Trust’s dividend payout ratio (DPR) is presently 210.01%.

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About MedEquities Realty Trust

MedEquities Realty Trust, Inc is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus on orthopedic, heart and other dedicated surgeries and specialty procedures; dedicated specialty hospitals, such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings.

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